515 Park Ave, Roanoke Rapids, NC, 27870 | $120/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Roanoke Rapids at 515 Park Ave, Roanoke Rapids, NC, 27870 at $424,900 posts ROI 20.93% with $120/mo cash flow from $2,845/mo rent. Total monthly income equals $2,845/mo, and annual cash flow records $1,434/yr on $140,854 to close. Return on cash invested measures 20.93% and rental yield reads 8.03% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 108.61% and total cumulative return in cash totals $152,985.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,845/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1972

0.79 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27870, Roanoke Rapids, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,248 (100%)
Owner Occupied HU	6,539 (53.4%)
Renter Occupied HU	4,292 (35.0%)
Vacant Housing Units	1,417 (11.6%)
Median Home Value	$148,653
Average Home Value	$203,912